Americold opens command center, names technology chief

Americold Realty Trust (COLD) raised $1.1B by contributing 12 warehouses to a joint venture with EQT, retaining 30%. The funds will repay debt, reducing annual interest expense by $46M. The deal lowers leverage but cuts 70% of equity cash flow from the warehouses.

AMERICOLD REALTY TRUST (COLD) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Exhibit 99.1 Atlanta, GA 678-459-1959 Investor.relations@americold.com Americold Successfully Closes $1.3 Billion North American Cold Storage Joint Venture with EQT ATLANTA, GA., August 31, 2026 – Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled logi

Americold Realty Trust and Ahold Delhaize USA terminated their agreement for a 329,199-square-foot cold-storage facility in Plainville, which is now up for sale. The property, built for Ahold Delhaize's grocery brands, has specialized refrigeration and automation. Americold expects a $305M-$320M impairment charge for the facility and a similar one in Pennsylvania, with a combined net book value of $455M.

Americold (COLD) reported Q2 2026 revenue of $662.9 million, up 1.9% year over year, with physical occupancy improving over 200 bps sequentially and nearly 300 bps from a year earlier. However, same-store net operating income fell 1.5% (2.2% constant currency) and Global Warehouse segment margin slipped 30 bps to 33.4%. Adjusted FFO was $0.35/share and full-year 2026 AFFO guidance raised to $1.26-$1.32. The company also discussed an EQT joint venture valuing the portfolio at about $1.3 billion.

Americold Realty Trust said it recorded a $309.6 million impairment in Q2 2026 after agreeing with a customer to wind down facilities in Lancaster, Pennsylvania and Plainville, Connecticut. The impairment drove a $342.8 million net loss, or $1.19 per diluted share. Q2 revenue rose 1.9% to $662.9 million and Core EBITDA was $159.1 million. Americold reported $4.4 billion net debt and 7.3x net debt-to-Core EBITDA, and raised full-year Adjusted FFO to $1.26-$1.32 per share, citing an EQT joint vent

Ahold Delhaize USA (ADUSA) will wind down an automated frozen warehouse in Lancaster, Pennsylvania, and halt a planned facility in Plainville, Connecticut, according to an SEC filing by Americold Realty Trust. ADUSA said it will keep Lancaster operating through Dec. 31 and no near-term changes are planned. Americold expects a $305 million to $320 million non-cash impairment charge for the facilities.